Edexcel IGCSE Economics 1.1.5.j Privatisation
Practise defining privatisation accurately and recognising it as transferring government-controlled activity to private ownership.
- Syllabus
- First assessment 2019
- Course
- Economics 4EC1
Practise defining privatisation accurately and recognising it as transferring government-controlled activity to private ownership.
What is meant by the term privatisation?
A01 2 marks
Award 1 mark for reference to selling a government controlled activity and 1 mark to private investors
The act of selling a company/activity controlled by the government (1) to private investors (1)
Accept any other appropriate response
(2)